First Trust Low Duration Opportunities ETF (LMBS) to Issue Monthly Dividend of $0.17 on December 31st

First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) announced a monthly dividend on Thursday, December 12th,NASDAQ Dividends reports. Stockholders of record on Friday, December 13th will be paid a dividend of 0.17 per share on Tuesday, December 31st. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.18%. The ex-dividend date is Friday, December 13th.

First Trust Low Duration Opportunities ETF Stock Performance

Shares of NASDAQ LMBS opened at $48.78 on Friday. The stock’s fifty day simple moving average is $48.86 and its 200 day simple moving average is $48.80. First Trust Low Duration Opportunities ETF has a 52-week low of $45.06 and a 52-week high of $51.49.

About First Trust Low Duration Opportunities ETF

The First Trust Low Duration Opportunities ETF (LMBS) is an exchange-traded fund that is based on the Bloomberg U.S. MBS index. The fund is an actively managed fund that invests in a variety of mortgage-backed securities with target duration of less than 3 years. LMBS was launched on Nov 4, 2014 and is managed by First Trust.